Investing.com - Asian shares were mixed on Tuesday with Tokyo weaker on a dour market reaction to a reported stimulus effort.
The Nikkei 225 fell 1.55% as plans reported by Nikkei that Japan is likely to inject ¥6 trillion($57 billion) in direct fiscal outlays into the economy over the next few years failed to excite the market.
Earlier, Japan, reported the corporate services price index rose 0.2%, better than the 0.1% gain seen.
The S&P/ASX 200 eased 0.26% and the Shanghai Composite gained 0.42%.
Overnight, U.S. stocks retreated from record territory on Monday, taking a pause from its month-long hot streak, as crude futures slipped to three-month lows weighing heavily on the major indices on Wall Street.
The Dow Jones Industrial Average fell 77.79 or 0.42% to 18,493.06, suffering just its second losing session over the last 12 trading days. The S&P 500 Composite index, meanwhile, lost 6.55 or 0.30% to 2,168.48, falling from record closing highs from the end of last week.
On the S&P 500, nine of 10 sectors closed in the red, as Energy, Industrials and Financials lagged. Energy stocks plunged by more than 2% for the session. Stocks in the Consumer Goods industry inched up on Monday to close as the session's overperformer
The NASDAQ Composite index lost 2.53 or 0.05% to close at 5,097.63.